From Nasdaq: 2025-05-02 15:05:00

Tesla (NASDAQ: TSLA) stock surged 5% today as investors anticipate the company’s upcoming display of fully autonomous driving technology. This news has led to a nearly 10% gain in the stock over the last month. Despite not having driverless vehicles on the road yet, Tesla’s plans to introduce driverless cars in Austin next month put them in a promising position. Additionally, a recent partnership between Waymo and Toyota may indicate that Tesla has an advantage in the autonomous driving space.

Investors are eagerly awaiting Tesla’s launch of fully autonomous technology, expected in the coming weeks. The company has been investing in AI computing power, making AI a key growth pillar. Analysts believe this could lead to a successful driverless vehicle launch, but any delays or disappointments could impact Tesla’s stock negatively. Joining Stock Advisor provides access to “Double Down” alerts for promising companies like Nvidia, Apple, and Netflix, with impressive historical returns.



Read more at Nasdaq: Why Tesla Stock Surged Higher Friday